Ethereum’s Whale Accumulation: A $5,000 Price Target in Sight?

On January 23, 2025, Ethereum (ETH) is experiencing a fascinating market phenomenon. Key Highlights:

• Whale addresses holding 1,000-10,000 ETH have accumulated 330,000 ETH worth $1.08 billion since January 7

• This accumulation mirrors a similar event in April 2024 that preceded a 66% price rally

• Daily active addresses have surged to 180,000, signaling potential capital inflow

Market Context


Despite being the only top-10 cryptocurrency showing negative 30-day returns, Ethereum shows promising signals:

• Current price hovers around $3,300

• Whale holdings have doubled from 22% to 43% of total supply since 2023

• Potential resistance breakthrough could trigger a rally toward $5,000

Bullish Indicators

• Network growth suggests renewed investor interest

• Staked ETH has grown 114.49% from January 2023 to 2025

• Technical analysts see potential for a breakout to $4,000-$5,000

The cryptocurrency’s future hinges on breaking key resistance levels and maintaining whale confidence. #eth #crypto #trump #btc